214 Elizabeth Ter, Hot Springs, AR, 71901
About This Home
Turnkey, income-producing duplex in the heart of Hot Springs. This fully furnished property is short-term rental permitted by the city and currently operates as a licensed Airbnb, offering a strong opportunity for immediate income once transitioned to a new owner. The duplex features two units: Unit A offers 3 bedrooms and 1 bathroom, while Unit B includes 2 bedrooms and 1 bathroom, both fully furnished and ready for continued short-term rental use. Situated on a spacious 0.40-acre lot, the property also includes a shared laundry area at the rear for guest convenience. Originally built in 1925 and remodeled in 2017, it combines historic character with updated functionality. Located in one of Arkansas’s most popular tourism markets, this property is well-positioned to benefit from consistent, year-round visitor demand. Ideal for investors seeking a true plug-and-play opportunity with immediate income potential in a high-demand rental market.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Crawl Space
- Roof: 3 Tab Shingles
- Construction materials: Metal/Vinyl Siding
Type & Style
- Home type: Townhouse
- Architectural style: Victorian
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Free-Standing Range,Microwave,Gas Range
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Eat-in Kitchen
Features
- Primary Bedroom/Main Lv,Guest Bedroom/Main Lv,3 Bedrooms Same Level
- Flooring: Carpet,Wood
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Details
- Parcel number: 40047500011000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 0.40 Acres
- Features: Level
Parking
- Total spaces: 2
- Parking features: Parking Pad,Two Car
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,279 | $15,348 |
| Home Insurance | $193 | $2,316 |
| Property Taxes | $101 | $1,212 |
| Electricity | $134 | $1,616 |
| Total | $1,707 | $20,484 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $269,000 |
| 2020-05-28 | Sold | $75,000 |
| 2020-02-20 | Listed for sale | $85,000 |
| 2006-03-21 | Sold | $60,000 |
| 1991-04-15 | Sold | $8,000 |
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